Tuesday, 22 May 2007

Philanthropy factoids

The good news is, according to the Sunday papers, corporate philanthropy is growing at 10% a year in the UK. British companies last year gave away £1bn a year to good causes.

See: http://news.independent.co.uk/business/news/article2560014.ece

The bad news is more than a third that £1bn came from one company, pharmaceutical giant GlaxoSmithKline.

Businesses in America contribute nearly 5 per cent of the total amount of money received by charity or good causes in the US, while in Britain it is 3 per cent.

I think we can do better!

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